Premium Essay

Macro Test

In:

Submitted By hluque1
Words 2675
Pages 11
MACROECONOMICS NAME_____________
TEST 4 CHAPTERS 16,17,18,19 AND 20

Chapter 16
1) The idea of the ________ is that people make lifetime consumption plans.
A) life-cycle theory of consumption
B) invisible hand
C) law of demand
D) classical theory of investment
ANSWER: ______________

2) According to the life-cycle theory of consumption, people tend to consume ________ they earn during their early and later years.
A) more than
B) less than
C) the same as
D) an amount unrelated to what
ANSWER: ______________

3) The opportunity cost of leisure will rise if
A) the wage rate increases.
B) the wage rate decreases.
C) nonlabor income increases.
D) nonlabor income decreases.
ANSWER: ______________

4) A rise in the interest rate
A) decreases the opportunity cost of consuming today.
B) increases the opportunity cost of consuming in the future.
C) increases the opportunity cost of consuming today.
D) decreases the opportunity cost of consuming in the future.
ANSWER: ______________

5) Over time, spending on ________ is ʺsmootherʺ than spending on ________.
A) durable goods; services
B) nondurable goods; durable goods
C) services; nondurable goods
D) durable goods; service
ANSWER: ______________

6) The largest increase in the labor-force participation rate since 1950 is among
A) prime-age men.
B) teenagers over the age of 16.
C) prime-age women.
D) males in their 20s.
ANSWER: ______________

7) Which of the following is NOT a transfer payment?
A) Social Security payments
B) welfare benefits
C) unemployment compensation
D) dividends
ANSWER: ______________

8) The tendency for ________ to decrease when ________ decreases is the result of the accelerator effect. A) investment; aggregate output
B) consumption; investment
C) saving; consumption
D)

Similar Documents

Free Essay

Written Report

...Written Report MACRO COMPUTER SCIENCE What is a Macro Computer? A macro (short for "macroinstruction", from Greek μακρο- 'long') in computer science is a rule or pattern that specifies how a certain input sequence (often a sequence of characters) should be mapped to a replacement output sequence (also often a sequence of characters) according to a defined procedure. The mappings process that instantiates (transforms) a macro use into a specific sequence is known as macro expansion. A facility for writing macros may be provided as part of a software application or as a part of a programming language. In the former case, macros are used to make tasks using the application less repetitive. In the latter case, they are a tool that allows a programmer to enable code reuse or even to design domain-specific languages. Macros are used to make a sequence of computing instructions available to the programmer as a single program statement, making the programming task less tedious and less error-prone. (Thus, they are called "macros" because a big block of code can be expanded from a small sequence of characters). Macros often allow positional or keyword parameters that dictate what the conditional assembler program generates and have been used to create entire programs or program suites according to such variables as operating system, platform or other factors. The term derives from "macro instruction", and such expansions were originally used in generating assembly language code...

Words: 1595 - Pages: 7

Free Essay

Masm

...CMLab Graphics A Tutorial of Writing MASM with VC++ 2005 Express Presented by Ken-Yi Lee Assembly Language 2007 CMLab Graphics Assembly Language 2007 MASM Microsoft Macro Assembler - MASM 8.0 included with Visual C++ 2005 - You can download MASM 8.0 and install it with Visual C++ 2005 Express by yourself 2 CMLab Graphics Assembly Language 2007 What do you need ? helloworld.asm helloworld.obj Editor Assembler (ml.exe) Linker (link.exe) helloworld.exe Debugger 3 Include Files Where Which Object File Libraries Where Which CMLab Graphics Assembly Language 2007 Visual C++ 2005 Express with MASM 8.0 Visual C++ 2005 Express - Editor, Linker, and Debugger • Custom build rules needed] • Set library paths and library dependencies [if • Select “console” as your subsystem MASM 8.0 - Assembler • Set include paths [if needed] 4 CMLab Graphics Assembly Language 2007 Visual C++ 2005 Express with MASM 8.0 (contd.) Download and Install Visual C++ 2005 Express - http://0rz.tw/253mH Download and Install MASM 8.0 - http://0rz.tw/8d1Xn • You should install VC 2005 Express first 5 CMLab Graphics Hello MASM ! A simple example to set up the environment CMLab Graphics Assembly Language 2007 HelloMASM - My Settings: • Project Name: HelloMASM • Solution Name: HelloMASM • Source code filename: hellomasm.asm • Additional library dependencies: Irvine32.lib user32.lib • Used...

Words: 496 - Pages: 2

Free Essay

Macro Economics Ch 10,11,12,13 (Test 3)

...THIS SHOWS THE ANSWERS I PICKED AND THE CORRECT ANSWER I MADE AN A. MAKE SURE YOU CHOSE THE CORRECT ANSWER NOT THE SELECTED ANSWER!!!! I HOPE THIS HELPS YOU OUT THERE (JUNE-2013) Question 1 .1 out of 1 points If the price level rises,Answer Selected Answer: e. the aggregate expenditures line shifts downward; the economy moves upward along the aggregate demand curve Correct Answer: e. the aggregate expenditures line shifts downward; the economy moves upward along the aggregate demand curve . Question 2 .1 out of 1 points If autonomous investment expenditures decline because of higher interest ratesAnswer Selected Answer: d. aggregate demand increases Correct Answer: d. aggregate demand increases . Question 3 .1 out of 1 points In an economy without a government and without international transactions, aggregate expenditure at each level of income is equal toAnswer Selected Answer: c. consumption plus planned investment Correct Answer: c. consumption plus planned investment . Question 4 .1 out of 1 points A decrease in the price level will have which of the following effects?Answer Selected Answer: d. There will be downward movement along a particular aggregate demand curve. Correct Answer: d. There will be downward movement along a particular aggregate demand curve. . Question 5 .1 out of 1 points If people spend 2/3 of any extra income they receive, new autonomous spending...

Words: 2684 - Pages: 11

Free Essay

The Gathering Storm

...VESPASIAN ROME’?S EXECUTIONER Robert Fabbri read Drama and Theatre at London University and has worked in film and TV for twenty-five years. As an assistant director he has worked on productions such as Hornblower, Hellraiser, Patriot Games and Billy Elliot. His lifelong passion for ancient history –? especially the Roman Empire –? inspired the birth of the Vespasian series. He lives in London and Berlin. First published in Great Britain in 2012 by Corvus, an imprint of Atlantic Books Ltd. Copyright ©? Robert Fabbri 2012. The moral right of Robert Fabbri to be identified as the author of this work has been asserted in accordance with the Copyright, Designs and Patents Act of 1988. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior permission of both the copyright owner and the above publisher of this book. This is a work of fiction. All characters, organizations, and events portrayed in this novel are either products of the author’?s imagination or are used fictitiously. 9 8 7 6 5 4 3 2 1 A CIP catalogue record for this book is available from the British Library. ISBN: 978-1-84887-912-6 (Hardback) ISBN: 978-1-84887-913-3 (Trade paperback) ISBN: 978-0-85789-676-6 (eBook) Printed in Great Britain. Corvus An imprint of Atlantic Books Ltd Ormond...

Words: 124835 - Pages: 500

Free Essay

Spm - Software Project Managment

...Microsoft Support Services ========================== If you have a question about Microsoft Macro Assembler (MASM), first look in the printed documentation, the online text files, or consult Help. If you cannot find the answer, contact the Microsoft Support Network. Outside the United States, contact Microsoft Product Support Services at the Microsoft subsidiary office that serves your area. For information about Microsoft subsidiary offices, see "Product Support Worldwide" later in this section. The Microsoft Support Network ============================= The Microsoft Support Network offers you a wide range of choices and access to high-quality, responsive technical support. Microsoft recognizes that support needs vary from user to user; the Microsoft Support Network allows you to choose the type of support that best meets your needs, with options ranging from electronic bulletin boards to annual support programs. If you have a question about MASM, first look in the product documentation or consult online Help. You can also find late-breaking updates and technical information in the README.TXT file and other text files that came with your MASM disks. Services vary outside the United States and Canada. In other locations, contact a local Microsoft subsidiary for information. The Microsoft ...

Words: 836 - Pages: 4

Free Essay

English Language

...i Вторая страница обложки ii Cambridge Practice Tests for IELTS 1 Vanessa Jakeman Clare McDowell C AMBRIDGE UNIVERSITY PRESS iii PUBLISHED BY THF PRESS SYNDICATE OF THE UNIVERSITY OF CAMBRIDGE The Pitt Building Trumpington Street Cambridge CB2 1RP United Kingdom CAMBRIDGE UNIVERSITY PRESS The Edinburgh Building, Cambridge CB2 2RU, United Kingdom 40 West 20th Street, New York, NY 10011-4211, USA 10 Stamford Road, Oakleigh, Melbourne 3166, Australia © Cambridge University Press 1996 This book is in copyright. Subject to statutory exception and to the provisions of relevant collective licensing agreements, no reproduction of any part may take place without the written permission of Cambridge University Press. First published 1996 Third printing 1997 Printed in the United Kingdom at the University Press, Cambridge ISBN 0 521 49767 1 Self-Study Student`s Book ISBN 0 521 49766 3 Set of 2 cassettes Copyright The law allows a reader to make a single copy of part of a book for purposes of private study. It does not allow the copying of entire books or the making of multiple copies of extracts. Written permission for any such copying must always be obtained from the publisher in advance. iv Contents Acknowledgements iv Introduction 1 Practice Test 1 12 Practice Test 2 34 Practice Test 3 54 Practice Test 4 75 General Training Reading and Writing Modules Tapescripts Answer keys 94 107 130 ...

Words: 41994 - Pages: 168

Free Essay

Case Study

...i Вторая страница обложки ii Cambridge Practice Tests for IELTS 1 Vanessa Jakeman Clare McDowell C AMBRIDGE UNIVERSITY PRESS iii PUBLISHED BY THF PRESS SYNDICATE OF THE UNIVERSITY OF CAMBRIDGE The Pitt Building Trumpington Street Cambridge CB2 1RP United Kingdom CAMBRIDGE UNIVERSITY PRESS The Edinburgh Building, Cambridge CB2 2RU, United Kingdom 40 West 20th Street, New York, NY 10011-4211, USA 10 Stamford Road, Oakleigh, Melbourne 3166, Australia © Cambridge University Press 1996 This book is in copyright. Subject to statutory exception and to the provisions of relevant collective licensing agreements, no reproduction of any part may take place without the written permission of Cambridge University Press. First published 1996 Third printing 1997 Printed in the United Kingdom at the University Press, Cambridge ISBN 0 521 49767 1 Self-Study Student`s Book ISBN 0 521 49766 3 Set of 2 cassettes Copyright The law allows a reader to make a single copy of part of a book for purposes of private study. It does not allow the copying of entire books or the making of multiple copies of extracts. Written permission for any such copying must always be obtained from the publisher in advance. iv Contents Acknowledgements iv Introduction 1 Practice Test 1 12 Practice Test 2 34 Practice Test 3 54 Practice Test 4 75 General Training Reading and Writing Modules Tapescripts Answer keys 94 107 130 ...

Words: 41994 - Pages: 168

Premium Essay

Testcycle

...as one of the recent “innovative” approaches to assessments most pursued by states. CBT is lauded as the answer to having cheaper and speedier test delivery for state and district-wide assessments. It is also seen by some as an avenue toward greater accessibility for students with disabilities. In this report we explore the context of CBT, current state computer-based tests, and considerations for students with disabilities, in part as follow-up to a similar exploration that occurred in the early 2000s when just a few states were beginning to develop and implement CBT for their state assessments. Nine considerations for states and districts are presented: • Consider the assumptions and beliefs of various stakeholders about computer-based instruction and assessments. • Consider the system as a whole, from the computer infrastructure to classroom and instructional experiences with computers before deciding whether and how to use CBT. • Consider the computer or online platform first, with input from individuals who know students with disabilities and their accessibility needs. • Consider a process for bringing in the needed expertise to delineate the specific accessibility features of CBT, and to determine what specific accommodations may still be needed by students with disabilities, as well as to determine whether a computer-based test may create new accessibility issues. • Determine the policies for which accessibility features will be available to all students and which are...

Words: 318 - Pages: 2

Free Essay

General

...acquired abilities (skills) or attitude. The innate nature of aptitude is in contrast to achievement, which represents knowledge or ability that is gained.[1] Contents [hide] 1 Intelligence 2 Combined aptitude and knowledge tests 3 See also 4 References Intelligence[edit] Aptitude and intelligence quotient are related, and in some ways opposite views of human mental ability. Whereas intelligence quotient sees intelligence as being a single measurable characteristic affecting all mental ability, aptitude refers to one of many different characteristics which can be independent of each other, such as aptitude for military flight, air traffic control, or computer programming.[2] This is more similar to the theory of multiple intelligences. Concerning a single measurable characteristic affecting all mental ability, analysis of any group of intelligence test scores will nearly always show them to be highly correlated. The U.S. Department of Labor's General Learning Ability, for instance, is determined by combining Verbal, Numerical and Spatial aptitude subtests. In a given person some are low and others high. In the context of an aptitude test the "high" and "low" scores are usually not far apart, because all ability test scores tend to be correlated. Aptitude is better applied intra-individually to determine what tasks a given individual is more skilled at performing. Inter-individual aptitude differences are typically not very significant due to IQ differences...

Words: 515 - Pages: 3

Free Essay

A Student's Dilemma

...Case 1-1 A Student’s Dilemma 1. a) Helen bears the responsibility and obligation of following the rules and doing the best she can. I’m pretty sure cheating wouldn’t be considered following the rules. She also has a responsibility to earn her grade point status the right way. b) Helen stealing the exam is really setting an unfair advantage against her fellow students. Everyone should be even the same rights and opportunity to achieve the same grade on the exam. c) Helen has a responsibility to her future employer to give them what they are asking for; a CPA with integrity and knowledge. Cheating shows a lack of strength and ability in both areas. What if a serious problem came up and she didn’t have the correct knowledge on how to handle it and her company ended up being sued? d) She has a responsibility to live up to the standards and rules the professor laid out in their class. e) Helen should encourage her friend to not lie, cheat or steal. She has a responsibility to help her friend become a better person and anyone who doesn’t do that shouldn’t be considered a real friend. f) She is really just cheating herself out of the opportunity to learn, grow and achieve the status on her own. She had a chance to prove to herself that through hard work and discipline she could of accomplished the same grade the right way. Once that line gets blurry, it’s hard to tell when you cross it. 2. Fairness is the first one that comes to mind. It really isn’t fair to the professor...

Words: 476 - Pages: 2

Free Essay

Document 13

...minutes) but I’ve compressed it into two lessons (2 x 50 minutes). This was a request by my mentor explaining that I should cover as much as I possibly can for the exam. Thus, I am thinking that how could I teach this huge and important topic in the time frame given while not sacrificing student’s learning experience. A very difficult task but I’m willing to take the challenge. Most of my classes are weak classes. During my observation class with my mentor, she was doing correction on the test the students had. Only for class 9A, she explained to the students on why the answers were wrong and a short discussion before giving them the correct answer. However, for other classes she just wrote down the answer on the board and let them copy without any explanation or discussion. When I raised the issue, my mentor pointed out that weak students tend to forget what they have learnt in the class, so there is no point to even discuss their mistakes in test and assignments. I was also showed the test score of the weak students and found out that a lot of them failed biology. So, I decided to find out possible reason why the students failed this subject and request my mentor to allow me to mark their assignments. The assignments consist of structured questions. From the students’ answer, I could see that language is one of the problem. For some questions, students copied the definitions off the notes and for others that require their own answer, the words used are not suitable and difficult...

Words: 366 - Pages: 2

Free Essay

Young People in Today Are Less Dependent on Their Parents Than in the Past.

...work for them but there are still more effective ways to help prepare you. When you know you have to write an essay that’s due the next day, take your Xbox and cellphone and give it to a friend that cares about your academic success. Tell them to hold on to it until you finish your paper. When studying its good to use old test and quizzes to look over to see your strong suites and weaknesses and it also gives you an idea on what you need to study. While looking over your test and quizzes rewrite questions you got wrong and make your own quizzes. Go back and keep quizzing yourself Intel you have a better understanding of the material. The next step to preparing for a exam is build up your class notes. Try your best to keep them organized. Get to gather with a buddy or a study group and compare notes and fill in any missing material. Make sure all your key information matches, underline any key words, formulas, themes and concepts. Ask members of the study groups to quiz and test you. After going though these steps you should have a better idea of what the material is and even better how to do it. These steps help me when I’m psyched out before for a test. I always take a deep breath and carefully go though these steps. I hope these steps for taking an exam help you as they have assisted me in the...

Words: 330 - Pages: 2

Premium Essay

Ecomics

...MID-TERM EXAM - 1st Semester, 2012 |Date |Time |Course Title & Code |Room No. | |29 June, 2012 |11.00 am ~ 12.30 pm |501: Accounting System & Auditing |502 | |(Friday) | | | | |30 June, 2012 |7.00 pm ~ 8.30 pm |502: Managerial Economics |402 | |(Saturday) | | | | |06 July, 2012 |3.00 pm ~ 4.30 pm |503: Business Communication |502 | |(Friday) | | | | |07 July, 2012 |7.00 pm ~ 8.30 pm |504: Advanced Management |502 | |(Saturday) | | | | |13 July, 2012 |3.00 pm ~ 4.30 pm |503: Business Communication...

Words: 266 - Pages: 2

Free Essay

Ethics

...sweating. She was fifteen minutes into her math final when she began to panic. This exam was worth most of her grade in the class. She understood math—even liked it—and usually did really well. Her constant problem was that she wasn’t a strong test-taker. Her grades never reflected her understanding of the material she studied. Now, here she was, once again stuck on one problem worth twenty-five points on the test, and she was drawing a blank. She put her head down on the desk and concentrated as hard as she could. She remembered doing a similar problem in class and explaining it to her friend Jessie, but now she was so stressed out by the test, she couldn’t even remember how to begin the problem. She lifted her head and stared at her test. She listened to the clock tick on the wall and imagined her parents’ expression when she receives her report card. Jessie was sitting right in front of her. He is always a good test taker and had already solved the problem. The teacher had his backed turned and was on the other side of the room. Georgia could look over Jessie’s shoulder, get the answer, and no one would know. Georgia needed to think quickly. She thought about how unfair it was that she regularly does badly on tests even though she works so hard in class and understands the material, too. She thought about how often she helped Jessie in class throughout the semester. What should she do? She prided herself on doing what was right. But how right is...

Words: 402 - Pages: 2

Premium Essay

Yagnesh

...An Opportunity to join SAIL as Management Trainee (Technical) or Management Trainee (Administration ) SAIL, a Maharatna Company, is the leading steel-making company in India with a turnover of Rs. 49,350 crore (FY 12-13). SAIL is in the process of modernizing and expanding its production units, raw material resources and other facilities to maintain its dominant position in the Indian steel market. To man front-line executive positions in its Plant/Units/Mines, SAIL invites applications for 650 posts of Management Trainee (Technical) and 60 posts of Management Trainee (Administration) in E-1 grade from young, energetic, result oriented and promising talent in the country. ELIGIBILITY: Upper Age : 30 years as on 1.1.2014, i.e., not born earlier than 1.1.1984 Minimum Qualification : Management Trainee (Technical) Degree in Engineering (full time) with 65% marks (average of all semesters), in the disciplines of Mechanical, Electrical, Metallurgy, Electronics, Instrumentation, Ceramics, Civil, Computer Science (IT), Mining or Chemical Engineering. For Computer Science discipline, MCA (3 years full time) with 65% marks ( average of all semesters) are also eligible. Management For HR, Marketing and Materials : Bachelors’ degree in any discipline with 60% Trainee marks ( average of all subjects) with at least two years full time MBA/PG Diploma in (Administration) Management with 60% marks in Human Resources/ Personnel Management & Industrial Relations/ Personnel Management/ Masters...

Words: 2984 - Pages: 12